TAX PRO TODAY

The first pillar of credit and incentive projects: Location

By Ben Worrell       3 min read

Companies and their advisors first need to determine who has the authority to grant such tax benefits. Read story →

Trump remains at odds with House committee over document release

By Joe Schneider       2 min read

Former President Donald Trump and the House Oversight Committee failed to agree on the release of his financial documents after several rounds of negotiations and the committee says a federal judge should make the final decision. Read story →

Biden aides leave Senate talks without infrastructure deal

By Erik Wasson and Laura Litvan       4 min read

Top White House aides wrapped up a meeting with a group of senators Tuesday without producing an infrastructure compromise, as differences on how to pay for a proposed $579 billion in new spending for roads, bridges and other projects continue to bedevil the talks. Read story →

Blackstone CEO sees ‘avalanche’ of opportunities from tax-hike risk

By Brian Chappatta       2 min read

Stephen Schwarzman said the risk of an increase in U.S. capital gains taxes has led to explosive growth in potential targets for his alternative investment firm. Read story →

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SALT deduction relief included in Sanders budget proposal

By Erik Wasson and Laura Davison       3 min read

Senate Budget Committee Chairman Bernie Sanders is proposing to partially revive the federal deduction for state and local taxes in an draft outline of a budget resolution designed to fast-track much of President Joe Biden’s economic agenda. Read story →

In the blogs: Meet the parents

By Jeff Stimpson       2 min read

A new holiday; VAT questions; give parents credit; and other highlights from our favorite tax bloggers. Read story →

IRS offers online tools for managing Child Tax Credit payments

By Michael Cohn       4 min read

The Internal Revenue Service opened a portal to enable families to monitor and manage their monthly advance payments of the expanded Child Tax Credit.  Read story →

Expect sales taxes to proliferate post-pandemic

By Roger Russell       3 min read

Taxing jurisdictions are less anxious about revenue — but they’ll be more focused on sales tax than before. Read story →

A record buyout is just the start as wealthy flee U.S. tax hike

By Melissa Karsh, Michelle F. Davis and Devon Pendleton       5 min read

A combination of high valuations on companies and potentially higher taxes in the future is proving to be a potent motivator for selling private companies. Read story →

Transformative tax proposals in Treasury’s Green Book

By Roger Russell       6 min read

Tax experts dissent the Biden budget proposal in search of planning opportunities. Read story →

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Build a 21st century indirect tax practice

Thursday, June 24, 2021 2:00 PM EDT

Accelerating your firm toward a 21st century practice is possible for firms of any size.  Learn More →

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Top 200 growth industries from 2021 to 2026

These 200 industries are poised to grow over the next 5 years, though several are facing a slew of risks. Learn More →

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Helping nonprofits navigate the future

Tuesday, July 27, 2021 2:00 PM EDT

Few clients need their accountants’ help more than nonprofit organizations, which face a host of constraints and new expectations even in the best of times – but with the COVID-19 pandemic having seriously impacted their ability to both fulfill their core missions and raise much-needed funds, nonprofits need help more than ever. Learn More →

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